what is a difference between payroll and income taxes?\no payroll taxes are itemized deductions from an…

what is a difference between payroll and income taxes?\no payroll taxes are itemized deductions from an individuals paycheck, while income taxes are based on an individuals salary.\no payroll taxes are taken out of an individuals salary once a year, while income taxes are paid by workers every time they get paid.\no payroll taxes are based on an individuals salary, while income taxes are itemized deductions from an individuals paycheck.\no payroll taxes are paid by individuals who have a job, while income taxes are partially funded by employers and employees.

what is a difference between payroll and income taxes?\no payroll taxes are itemized deductions from an individuals paycheck, while income taxes are based on an individuals salary.\no payroll taxes are taken out of an individuals salary once a year, while income taxes are paid by workers every time they get paid.\no payroll taxes are based on an individuals salary, while income taxes are itemized deductions from an individuals paycheck.\no payroll taxes are paid by individuals who have a job, while income taxes are partially funded by employers and employees.

Answer

Answer:

None of the above options are correct. Payroll taxes are typically deductions from an employee's paycheck to fund specific programs like Social - Security and Medicare and are often shared between employer and employee. Income taxes are based on an individual's total income (including salary, investment income, etc.) and are paid by the individual based on their income level and tax - filing status.

Brief Explanations:

Payroll taxes fund specific programs and are often split between employer and employee. Income taxes are based on total income and paid by the individual. The options provided misstate key differences.